The Hatboro-Horsham Educational Foundation has a win-win proposition for area businesses: Support the foundation, help provide funding for innovative programs in the Hatboro-Horsham schools — and receive a 75 to 90 percent credit on their state taxes.

HHEF is proud to be a participating organization in the commonwealth’s Educational Improvement Tax Credit Program (EITC). Administered by the Pennsylvania Department of Community and Economic Development, the program awards tax credits to businesses that make contributions to approved scholarship organizations and/or educational improvement organizations.

Businesses can apply for the tax credit program if they are subject to:

• Corporate Net Income Tax
• Bank & Trust Company Shares Tax
• Insurance Premiums Tax
• Capital Stock Franchise Tax
• Title Insurance Company Shares Tax
• Mutual Thrift Institutions Tax

Your tax dollars will be applied directly to one of these programs: Media Literacy, Hands-On Math & Science, Guest Professionals.

For businesses committing to two consecutive years of support, a 90 percent credit will be awarded. For businesses committing to one year of support, a 75 percent credit will be awarded. For more information, please contact the HHEF office at 215-420-5261.

Our most sincere thanks to the following businesses who have taken the lead and formed partnerships with HHEF this year through the EITC:

• Centocor, Inc.
• Harleysville National Bank
• Hatboro Federal Savings
• Materials Sciences Corporation, Inc.
• Motorola, Inc.
• Pharmaceutical Manufacturing Research Services, Inc.
• PNC Financial Services Group
• Universal Health Services, Inc.

“I urge you, as a member of our business community, to embrace this tax credit program and support the fine work of the Hatboro-Horsham Educational Foundation.”

William A. Lessa, Ph.D.
Superintendent of Schools